As Toronto’s real estate market tumbles, there are a few neighbourhoods that are bucking the trend, according to a new report from Re/Max.
Released Thursday, the report looks at 83 communities across the Greater Toronto Area, the Greater Vancouver Area and the Fraser Valley between January and the end of June 2025.
In Toronto, sales are still rising for detached homes, in “hot pocket” neighbourhoods, such as the the Beaches, the Annex and the Junction, finds the report, which pulls data from the Toronto Regional Real Estate Board (TRREB).
The neighbourhoods are all in the 416 and close to transit and amenities, such as parks and the lake.
“These are all excellent locations,” said Cameron Forbes, chief operating officer of Re/Max Realtron Realty Inc..
Areas with these amenities are more desirable for buyers, “so they will pay more to live there,” he added.
The new Re/Max report found that detached home prices were up 21.5 per cent from the same time last year — $2,166,667 vs. $1,783,289 — in Waterfront Communities, Moss Park, Cabbagetown-South, St. James Town, Church-Yonge Corridor and Regent Park; up 11.5 per cent in Bridle Path-Sunnybrook-York Mills and St. Andrew-Windfields, and up 5.6 per cent in Rosedale-Moore Park.
Prices for detached homes also climbed 6.2 per cent in Rockcliffe-Smythe, Keelesdale-Eglinton West, Caledonia-Fairbank, Corso Italia-Davenport and Weston-Pelham Park.
That area, south of Eglinton, north of St. Clair, west of Dufferin and east of the Humber River, is one of the most affordable in the city. It features smaller bungalows and two-bedroom homes that are more accessible for first time buyers, Forbes said.
On the flip side, Bridle Path and Rosedale have higher-end homes. “The ultra-luxury market has done well,” said Forbes.
In Yonge-St. Clair, Casa Loma, Wychwood and the Annex, sales of detached homes were up 31.3 per cent in the first half of the year compared to the same period in 2024 (63 sales in 2025 compared to 48 sales in 2024).
Sales climbed 6.7 per cent in Mount Pleasant East, and Mount Pleasant West (48 compared to 45).
Sales of detached homes in South Parkdale, Roncesvalles, and High Park-Swansea were up 56.6 per cent (72 vs. 46); and 25.9 per cent (136 compared to 108) in High Park North, the Junction area, Runnymede-Bloor West Village, Lambton-Baby Point, Dovercourt-Wallace and Emerson-Junction.
Sales were also up 27 per cent in the Beaches, Woodbine Corridor, and East-End Danforth (113 vs. 89); and in Highland Creek, West Hill, Centennial, and Scarborough Rouge, sales climbed to 15.6 per cent (178 vs. 154).
“People love the lake,” said Forbes, adding that other neighbourhoods on the list, such as High Park and Casa Loma, are simply “highly desirable” places to live.
But Forbes said that overall, lingering uncertainty from the ongoing trade war with the U.S. is keeping some buyers on the sidelines.
“Overall, we still have a slower market,” he said.
Toronto-area average home prices dropped more than five per cent from last June, the fifth consecutive year-over-year decline, according to the latest numbers from the TRREB.
TRREB also found in June that average Toronto area prices were down more than 20 per cent from the market peak in February 2022, with the average selling price sitting at $1.101 million.
Forbes said in general the detached home market is performing better than the condo market.
Condos have been particularly hard hit by the slowdown with some developers cancelling projects outright.
He says he believes there are some opportunities for buyers there, with prices dropping.
But “it’s more difficult if you’re in a condo to trade up,” he said. “It’s a buyer’s market.”
